InsuranceERM Annual Awards 2022 - UK & Europe

Actuarial modelling solution of the year: Hymans Robertson

Hymans Robertson has developed a scalable solution powered by actuarial modelling to guide pension members

Actuarial team of the year: NHBC

The National House Building Council (NHBC) has achieved much with limited resourcing

Best use of cloud technology: Legerity

Legerity stood out for its use of cloud technology to implement IFRS 17

Cat risk team of the year: Aon, Impact Forecasting

Impact Forecasting wins InsuranceERM's catastrophe risk team title for the third consecutive year

Catastrophe risk modelling solution of the year: Reask

Metryc is a global tropical cyclone parametric calculation agent from risk modelling firm Reask

Catastrophe risk modelling solution of the year, highly commended: WTW

WTW is highly commended in catastrophe risk modelling solution of the year for designing a parametric insurance programme for the Meso-American Reef (MAR) fund.

Chief risk officer of the year, highly commended: Tom Hughes, Domestic & General

The CRO says his great team also deserves recognition for the support they give him

Chief risk officer of the Year: Aylin Somersan Coqui, Allianz

She took the helm as Allianz's CRO in July 2020 amid the challenges of the Covid-19 pandemic

Climate risk management solution of the Year: WTW

WTW developed a bespoke parametric insurance solution for the central American country of Belize

Cyber risk solution of the Year: Kovrr

It has been a successful year for Israeli cyber risk quantification provider Kovrr

Data solution of the year: Moody's

During 2021, Moody's launched a comprehensive suite of solutions that help respond to the diverse range of ESG-related goals in risk management

Diversity and inclusion excellence, highly commended: OneFamily

The UK mutual insurer has appointed an executive sponsor for each pillar of D&I

Diversity and inclusion excellence: LCP

LCP has completed a hat trick of InsuranceERM diversity and inclusion (D&I) excellence awards

Economic scenario generator software of the year award: Moody's Analytics

InsuranceERM's judges praised various aspects of Moody's Analytics ESG software.

End-user computing risk management solution of the year: Incisive Software

Insurance companies rightly to go to great lengths to identify, assess and mitigate risks that could affect their customers, as well as insurers' own business models.

ERM end-to-end solution of the year: Decision Focus

Decision Focus's no-code platform for risk teams was highly rated by the judging panel

ESG initiative of the year: PCS, a Verisk business

PCS has developed calculations for converting catastrophe loss into triggers for purchasing carbon offsets

IFRS 17 consultancy of the year: Mazars

InsuranceERM's judges were impressed with the strong UK and EU-wide practice and thought leadership of Mazars

IFRS 17 solution of the year: Legerity

Legerity wins InsuranceERM's IFRS 17 award for the second year running

Insurance asset manager of the year: Conning

Conning's drive to enhance its ESG methodology and ensure its investment portfolios are fully climate aware impressed the judges.

Insurtech innovation of the year: YuLife

YuLife says its gamification focus is spurring engagement by policyholders

Judges' award for contribution to the industry: Renaud Guidée

Renaud Guidée spent 2021 driving a crucial insurance initiative to tackle the climate change crisis, which is widely regarded as the greatest threat facing humanity.

Operational risk solution of the year: The Analytics Boutique

The vendor's Structured Scenario Analysis (SSA) web platform impressed the judging panel

Regulatory reporting software of the year: Moody's Analytics

Moody's Analytics is enabling insurers to meet their requirements for more frequent and timely regulatory reporting

Reserving solution of the year: WTW

This award recognises WTW's technology tools ResQ and Unify

Risk consultancy of the Year: Crowe

Crowe has secured the treble, winning the risk consultancy title for the third consecutive year, and a remarkable achievement.

Risk innovation of the year: RMS

InsuranceERM's risk innovation of the year category is always hotly contested - a testament to the insurance industry's drive to digitalise and incorporate new technologies like artificial intelligence.